Taking everything into account, FAAR scores 4 out of 10 in our technical rating. In the past year, FAAR was only an average performing stock in the market. The medium term picture is unclear, although we see some positive events in recent action.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- In the last month FAAR has a been trading in the 27.05 - 29.51 range, which is quite wide. It is currently trading near the high of this range.
- When comparing the performance of all stocks over the past year, FAAR turns out to be only a medium performer in the overall market: it outperformed 40% of all stocks.
- FAAR is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so FAAR is lagging the market.
FAAR has an average technical rating and it also does not offer a high quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
25.42
2 important support areas can be observed.
- A support zone ranging from 28.64 to 28.85. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 25.68 to 26.31. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 30.07 to 30.28. This zone is formed by a combination of multiple trend lines in the daily time frame.
- A resistance zone ranging from 30.89 to 30.91. This zone is formed by a combination of multiple trend lines in multiple time frames.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for FAAR is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for FAAR is up. |
| ChartMill Relative Strength | 40.73 | NEUTRAL | FAAR is not amongst the best or worst performers on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of FAAR is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of FAAR is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of FAAR is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 69.02 | NEUTRAL | The RSI value for FAAR is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.25 | POSITIVE | The MACD value suggests FAAR has a positive trend. |
| Stochastics (14,3) | 96.54 | OVERBOUGHT | The high Stochastics value suggests FAAR may be overbought. |
| Average True Range in percent/ATR (20) | 1.01 | LOW VOLATILITY | The low ATR as a percentage value for FAAR suggests low volalility. |
| Average Directional Index/ADX (14) | 26.89 | POSITIVE | The high ADX value value for FAAR suggests a strong trend. |
NASDAQ:FAAR (1/28/2026, 4:00:12 PM)
29.72
+0.21 (+0.71%)
FIRST TRUST ALT ABS RET ETF / FAAR FAQ
Can you provide the ChartMill technical rating for FIRST TRUST ALT ABS RET ETF?
ChartMill assigns a technical rating of 4 / 10 to FAAR.
Can you provide the trend direction for FIRST TRUST ALT ABS RET ETF?
The current trend direction for FIRST TRUST ALT ABS RET ETF (FAAR) is Bearish.
What is the RSI signal for FAAR stock?
FIRST TRUST ALT ABS RET ETF (FAAR) has an RSI value of 69.0209. This indicates that the stock is currently neutral.
What is the support and resistance level for FAAR stock?
FIRST TRUST ALT ABS RET ETF (FAAR) has a support level at 28.85 and a resistance level at 30.07. Check the full technical report for our detailed analysis of FAAR support and resistance levels.